# Boston Scientific expands plant in Contagem, Brazil

Boston Scientific inaugurated the expansion of its manufacturing unit in Contagem, Brazil, with an investment of R$ 120 million. The expansion triples production capacity of heart valves from 20,000 to 60,000 units per year and is expected to create 1,700 jobs by 2025.

- Type: Expansion
- Announced: 2024-05-07
- Where: Contagem, Minas Gerais, Brazil
- Value: $24.0M (120.0M BRL)
- Jobs: 1,700
- Starts operating: 7 May 2024
- Status: completed
- Capacity: 60,000 heart valves per year
- Products: heart valves
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Boston Scientific](https://endata.com/companies/15966.md)

## Sources

- [agenciaminas.mg.gov.br](https://agenciaminas.mg.gov.br/noticia/companhia-internacional-anuncia-r-120-milhoes-em-expansao-em-minas-gerais), 2024-05-07: "A expansão da americana Boston Scientific em Contagem é uma notícia que vai muito além de seus novos R$ 120 milhões de investimentos."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.